He Xiaopeng, co-founder and chairman of Xiaopeng Motors, unveils the company's first production car at the CES trade show in Las Vegas. Photo: Handout
He Xiaopeng, co-founder and chairman of Xiaopeng Motors, unveils the company's first production car at the CES trade show in Las Vegas. Photo: Handout

Alibaba-backed China car start-up to raise US$2.7 billion this year

He Xiaopeng, co-founder and chairman of Xiaopeng Motors, unveils the company's first production car at the CES trade show in Las Vegas. Photo: Handout
He Xiaopeng, co-founder and chairman of Xiaopeng Motors, unveils the company's first production car at the CES trade show in Las Vegas. Photo: Handout
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